Quarterly ResultAug 6, 2026, 08:08 AM
Burford Capital Reports H1 2026 Net Loss of $1.63B; EPS ($7.44)
AI Summary
Burford Capital Ltd. reported a significant net loss attributable to shareholders of $1.63 billion for the six months ended June 30, 2026, resulting in a basic loss per share of $7.44. This contrasts sharply with a net income of $119.2 million and EPS of $0.54 in the prior year period. Total revenues for the six-month period were also negative at $1.61 billion, down from $310.1 million in H1 2025. For the second quarter of 2026, the company reported a net income of $2.2 million.
Key Highlights
- Net loss attributable to shareholders for H1 2026 was $1.63 billion.
- Basic loss per share for H1 2026 was $7.44.
- Total revenues for H1 2026 were negative $1.61 billion.
- Net income attributable to shareholders for Q2 2026 was $2.2 million.
- Total assets decreased to $4.27 billion as of June 30, 2026, from $6.64 billion.
- Debt payable increased to $2.40 billion as of June 30, 2026, from $2.13 billion.
- Cash and cash equivalents increased to $696.9 million as of June 30, 2026.
Price Impact
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